Dario Brandolini
“Our balanced portfolio is lightly overweight in equities versus bonds. Leaving a neutral asset allocation, we found very interesting themes around the world, with sectors that did very well in 2005, and we believe they will continue to do well in 2006. With unchanged conditions of some commodities markets, we maintain our energy and gold & mines sector exposures. As a new theme for 2006, we suggest investing in the technology sector worldwide. Good growth perspectives in Asia suggest Asian property exposure.”
Amount (E) Fund
12,000 Amex Currency Alpha Plus
12,500 Franklin Templeton European Total Return
12,500 Julius Baer Absolute Return Bond
8000 GLG Global Convertible N – EUR
5000 Franklin Templeton Technology Equity Fund
4000 GLG European Eq. N
4000 JPMF Europe Dynamic Fund
4000 JPMF US Dynamic Fund
4000 Legg Mason Global Opportunities Bond
3500 Legg Mason US Value Trust
3000 GLG North America L
3000 IXIS Loomis US Large Cap Growth
3000 MS Asian Property Fund
3000 MLIIF European Growth
3000 UBAM Neuberger BermanB US Value Eq. A
2500 MLIIF World Energy Fund
2000 MLIIF World Mining
2000 MS US Growth Fund
2000 Henderson PanEuropean Smaller Comp.
2000 MLIIF Japan Value F. A2$
1500 Amex Focused US Growth
1500 Invesco Nippon Select Eq. Fund
1000 JPMF Pacific Technology Fund A$
1000 MLIIF Gold Fund
